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Please note, customers must have a local connection to West Berkshire
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Features
- Modern kitchen
- Downstairs cloakroom
- Stylish bathroom suite
- Open-plan living/dining area
- Two allocated parking spaces
- Easy rail access via Reading to London Paddington
- Close to local amenities- including good schools, shops and transport links
- Beautiful village surroundings
Description
<p>Anticipated for completion in the Spring and Summer of 2021, Sovereign are excited to announce a selection of 2 bedroom homes coming soon to Reed Gardens, a new development located in Woolhampton, Berkshire.</p> <p>These stylish homes each come complete with a downstairs cloakroom, two allocated parking spaces, a modern fitted kitchen with a built-in oven, hob and extractor, an open plan living / dining room and a stylish bathroom suite with a bath.</p> <p>Reed Gardens offers great transport links with its own railway station nearby and easy rail link access via Reading to London Paddington. This charming village also benefits from beautiful surroundings, including Ufton Park, and a range of local amenities such as eateries, supermarkets and schools, making it a perfect place to call home.</p>
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FAQs
We partner with you to share the cost of buying your own home – you pay for the part you can afford and we’ll pay for the part that’s left. It’s an opportunity to buy the home that’s right for you without needing the large deposit or the mortgage that goes with it.
- As long as you are over 18
- Your household income is less than £80,000
- And you don’t already own a home at the time of buying your shared ownership property
… then shared ownership could be right for you
Some properties may be bound by local connection restrictions in order to make them affordable for local customers. We'll let you know if there are any restrictions in place when you are searching for a property.
You buy a share in your home that’s right for you. That could be from 25% up to 75% initially. You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
A deposit for a shared ownership home can start from just 5% of the share value you’re looking to buy. So for example:
If you’re looking to buy a home that has a 40% share value of £80,000, then your deposit could be as little as £4,000 - meaning you may be able to get on the property ladder sooner than first thought!
You can speak to our panel of financial advisors for more information around affordability.